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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
MPOB expects price of CPO to be stable
The price of crude palm oil (CPO) is expected to be stable at above RM4,000 per tonne for the third quarter of 2021 before weakening in the fourth quarter due to the expected recovery in production.
Upbeat outlook for palm oil
The post-pandemic outlook for the palm oil industry in Malaysia remains bright, backed by the balanced supply and demand as well as expected recovery from labour shortages next year.
‘Several studies have shown that palm oil poses no risk to health’
India imports 60 per cent of the edible oil it consumes and runs up an import bill of ₹80,000 crore. Of that, palm oil alone accounts for 55 per cent. In the quest for self-sufficiency, the government last week introduced the National Mission for Edible Oil and Oil Palm (MNEO-OP), which seeks to give a big push to domestic palm oil cultivation.
Pertamina develops palm oil-based jet fuel to curb carbon emissions
State oil and gas company PT Pertamina is developing palm-oil based aircraft fuel to create a mix to lower carbon emissions in the air transportation sector.
Palm oil falls on higher output estimates ahead of official data
Malaysian palm oil futures fell on Wednesday, weighed by expectations of a rise in August supply ahead of official data and poor import margins in key destination markets
Palm Oil Climbs for Fourth Day With Production, Exports in Focus
Palm oil advanced for a fourth day as Malaysian production dropped and exports soared.
India may cut import tax on palm oil — report
NEW DELHI (Sept 8): India may reduce its import tax on palm oil to reign in local consumer prices of cooking oil, according to an Indian media report.
EU's indirect land use change approach to palm oil flawed — CPOPC
KUALA LUMPUR (Sept 7): The Council of Palm Oil Producing Countries (CPOPC) said public consultation on the European Union’s (EU) Renewable Energy Directive (RED II) is based on a false basis that had been used to continue its unfair policy and regulation of sustainable palm oil.
CPO futures close higher on concerns over output
KUALA LUMPUR (Sept 7): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives resumed its upward momentum to end higher today, as concerns over output continued to lift prices higher.
